Schedule 11, paragraph 4(3)
FSMA 2000
Financial Services and Markets Act 2000 · United Kingdom
For the purposes of this paragraph— is to be treated as the making of an offer to a single person. the making of an offer of securities to trustees or members of a partnership in their capacity as such, or the making of such an offer to any other two or more persons jointly,
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Source: legislation.gov.uk · retrieved 2026-09-04